|Bid||28.06 x 100|
|Ask||28.29 x 100|
|Day's Range||27.60 - 28.03|
|52 Week Range||27.60 - 28.03|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Cincinnati Bell's (CBB) Hawaiian Telcom (HCOM) buyout is likely to boost innovation and build scale and fiber density across its footprint.
The Hawaiian Telcom deal will enable Cincinnati Bell (CBB) to deliver more competitive products and services, including continued expansion of Next Generation Fiber Network to customers across Hawai'i.
Cincinnati Bell (CBB) announced today that the U.S. Federal Communications Commission (FCC) has approved Cincinnati Bell’s acquisition of Hawaiian Telcom Holdco, Inc. (HCOM). The FCC’s approval of the merger follows the unanimous approvals of the merger by the Hawai‘i Public Utilities Commission on April 30, 2018 and the Hawai‘i Department of Commerce and Consumer Affairs’ Cable Television Division on December 8, 2017. The merger also cleared the Hart-Scott-Rodino Act review period and received overwhelming support from Hawaiian Telcom shareholders.
Hawaiian Telcom Holdco, Inc. (HCOM) (“Hawaiian Telcom”) and Cincinnati Bell Inc. (CBB) (“Cincinnati Bell”) announced today an election deadline of 5:00 p.m., New York time, on June 21, 2018 (the “Election Deadline”) for Hawaiian Telcom stockholders to elect the form of consideration they wish to receive, subject to proration, in connection with the proposed merger of Hawaiian Telcom with and into a wholly owned subsidiary of Cincinnati Bell (the “merger”) pursuant to that certain Agreement and Plan of Merger (the “merger agreement”), dated as of July 9, 2017, by and among Hawaiian Telcom, Twin Acquisition Corp. and Cincinnati Bell.
Leading Hawaiian Telcom Holdco Inc (NASDAQ:HCOM) as the CEO, Scott Barber took the company to a valuation of US$327.71M. Recognizing whether CEO incentives are aligned with shareholders is a crucialRead More...
Cincinnati Bell Inc. (CBB) (the “Company”) announced that it has received unanimous approval from the Hawaiʻi Public Utilities Commission (“PUC” or the “Commission”) with respect to its pending acquisition of Honolulu-based Hawaiian Telcom (HCOM), the leading integrated communications provider serving Hawaiʻi and the state’s fiber-centric technology leader. In approving the merger, the Commission concludes that net benefits will result from the transaction. “We greatly appreciate the support of the Hawaiʻi PUC and are pleased that the Commission has acknowledged that our combination with Hawaiian Telcom is expected to bring benefits to Hawaiʻi consumers as we continue to invest in next-generation fiber,” said Leigh Fox, President and Chief Executive Officer of Cincinnati Bell.
In this article, I’m going to take a look at Hawaiian Telcom Holdco Inc’s (NASDAQ:HCOM) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subjectRead More...
For Hawaiian Telcom Holdco Inc’s (NASDAQ:HCOM) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. The betaRead More...
While small-cap stocks, such as Hawaiian Telcom Holdco Inc (NASDAQ:HCOM) with its market cap of US$322.49M, are popular for their explosive growth, investors should also be aware of their balanceRead More...